Porwal Auto Components Limited reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was INR 280.64 million compared to INR 284.47 million a year ago. Revenue was INR 291.24 million compared to INR 284.76 million a year ago. Net loss was INR 5.69 million compared to net income of INR 15.12 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to basic earnings per share from continuing operations of INR 1 a year ago. Diluted loss per share from continuing operations was INR 0.38 compared to diluted earnings per share from continuing operations of INR 1 a year ago.
For the full year, sales was INR 1,071.33 million compared to INR 696.79 million a year ago. Revenue was INR 1,082.3 million compared to INR 707.97 million a year ago. Net loss was INR 1.59 million compared to net income of INR 9.31 million a year ago. Basic loss per share from continuing operations was INR 0.11 compared to basic earnings per share from continuing operations of INR 0.62 a year ago. Diluted loss per share from continuing operations was INR 0.11 compared to diluted earnings per share from continuing operations of INR 0.62 a year ago.